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Nevada commission approves John Bryant as Flutter director after questions about prediction markets
Summary
The Nevada Gaming Commission on Oct. 23 approved John Bryant for a director role at Flutter Entertainment PLC, after commissioners pressed the company about a partnership with CME Group and potential legal and consumer-protection issues raised by prediction markets.
The Nevada Gaming Commission voted Oct. 23 to find John Bryant suitable to serve as a director of Flutter Entertainment PLC after several commissioners pressed the company about its partnership with CME Group and the regulatory risks of prediction markets.
Bryant, an Australian-born former Kellogg CEO and current chair of Flutter, told commissioners he spends roughly 30 to 40 hours a week on board work and that he would not take on additional public-company directorships. Erica Okerberg, Flutter’s Nevada counsel, said the company chose CME Group in part because of its compliance track record and that Flutter “plans to have similar types of protections, including consumer protection, reviewing and…
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